Union Bancaire Privée completed the acquisition of Angel Japan Asset Management.

Union Bancaire Privée, a private bank and wealth management firm, completed the acquisition of Angel Japan Asset Management, an investment advisor. Financial terms were not disclosed. “The acquisition of Angel Japan AM underscores UBP’s high conviction on the investment opportunities in the global small-cap equity segment, notably in Japan, and as to the team’s unique ability to seize them. Taking on the ownership of Angel Japan AM will not only broaden our distribution channels to onshore Japanese clients, but will also strengthen our in-house capabilities and value proposition to serve our offshore clients even better,” Nicolas Faller, UBP Co-CEO Asset Management and Head of Institutional Clients.